I think it is simply trading ex-dividend. They just paid .46 per share, so buying today at $11.60 is equivalent to buying a few days ago at $12.06, no big bargain
More like "nightmare" mode!!
This will trade sideways for at least a year. First earnings miss in 5 years. Cracks are appearing. Where there's smoke, there's fire.
This is a broken stock. I'm selling 50% of my holding & moving on. Good luck to all.
I grabbed 3,000 @ 13.19
Not maybe. Of course they can. They already printed 21 Billion, whats the big deal to make it 22 Billion? Its only ink & paper.
No intelligent conversations as to BAC. Don't they have politic boards for Trump, Clinton, Obama, Republicans & Democrats???
Yes, looks like stupid is as stupid does. Bid at $12.23 & still sinking. Look for another 5%-6% leg down tomorrow.
and I'm finally only about $8 bucks away from break even. Bought around 2000 or 2001 at $42. At the top of my list of worst investments I've ever made. Great company, horrible investment.